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Pacific Coast Nickel Commences Drilling At Burwash Yukon, Provides Update
Pacific Coast Nickel Commences Drilling At Burwash Yukon, Provides Update
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"Pacific Coast Nickel Commences Drilling At Burwash Yukon, Provides Update\n\n\n\nPacific Coast Nickel Commences Drilling At Burwash Yukon, Provides Update\n\nVancouver, British Columbia CANADA, August 15, 2008 /FSC/ - Pacific Coast Nickel Corp. (NKL - TSX Venture), is pleased to announce that drilling has commenced on the Burwash Yukon project.\n\nThe Burwash property hosts nickel-copper-platinum group element (PGE) mineralization related to intrusions of the Late Triassic Kluane Mafic-Ultramafic Suite that were emplaced during a period of uplift and extension related to widespread basaltic volcanism. The property overlies the east half of the Quill Creek Mafic-Ultramafic Complex, a 20 km long multiphase sill-like intrusion that attains a maximum thickness of over 1 km. The Complex also hosts a number of other nickel-copper-PGE occurrences, the most significant and best explored of which is the former Wellgreen Mine.\n\nSoil geochemistry and a 2007 helicopter-borne Versatile Time Domain Electromagnetic (VTEM) survey flown by Strategic have identified and better defined numerous targets on the Burwash property. Pacific Coast will test the majority of these targets but will focus its drilling where some of the best grades of mineralization occur in the west part of the property. The western part of the property hosts relatively thin but laterally extensive sills that are elsewhere dominated by peridotite or pyroxenite but here contain a greater proportion of gabbro (Lower, Upper and D. J. Showings). Mineralization consists of disseminated sulphides in gabbro, which to date have received little attention, and banded to massive sulphide mineralization along the sheared contact between gabbro and country rock. The banded to massive sulphides are enriched in the rare PGEs rhodium, osmium, iridium and ruthenium.\n\nThe 120 claim (2500 hectare) Burwash property is 100% owned by Strategic Metals Ltd. It is located in the Kluane Ranges of southwest Yukon, 8 km by all weather road from the Alaska Highway. All areas of exploration interest on the property are served by a network of four-wheel-drive roads. The Company is earning interests in the property by way of an option agreement.\n\nThe drilling is going to test a number of the prospective sites located on the property.\n\nBIG NIC ...